EGAS Exempted from $270m Fine for Damietta Gas Cuts
Tuesday, 14th June 2016
The Paris-based International Court of Arbitration has declared that The Egyptian Natural Gas Holding Company (EGAS) will be exempted from paying a $270m fine related to gas cuts at its foreign-owned LNG plant in Damietta.
US State of California Orders $1.6Bn Fine for Natural Gas Utility
Friday, 10th April 2015
California regulators imposed the largest penalty for a U.S. natural-gas utility, ordering PG&E Corp. to pay $1.6 billion for failures that led to a deadly 2010 natural gas pipeline explosion in a San Francisco suburb.
Oil Service Company Schlumberger Fined More Than $200 Million By US
Thursday, 26th March 2015
The U.S. Justice Department said on Wednesday that a subsidiary of Schlumberger Oilfield Holdings had pleaded guilty to violating U.S. sanctions related to Iran and Sudan and would pay a $237.2 million fine.